With the Government’s business support initiatives being updated on an almost daily basis and new schemes being launched regularly to reach as many businesses as possible through the COVID-19 pandemic, it can be really hard to keep up with what help is available and to understand whether your business is eligible.
Since its launch, the aim of our coronavirus support hub has been to address this issue, consistently providing businesses with timely, digestible advice to help you access the support you need quickly and easily. We’re pleased to report that the Government has launched a similar initiative with its new ‘support finder tool’, an online platform designed to help businesses understand which financial support schemes are best suited to their business and how to apply.
The new tool (which can be accessed via this link) prompts users to answer a range of questions (including location, turnover, number of employees etc) before listing the different support initiatives that could be relevant for their business (such as the Coronavirus Job Retention Scheme, VAT deferral, the Coronavirus Business Interruption Loan Scheme, Statutory Sick Pay and more) as well as links to the relevant application forms and further guidance.
This is a really useful tool for those who aren’t too sure which Government support schemes would be applicable for their business – our advice to businesses in that position is to consider completing the questionnaire and browsing the articles on our coronavirus support hub for further advice on the schemes available before submitting applications.
For advice tailored to your situation, please speak to your usual PM+M contact or get in touch with our reception team who can direct you to the best person (firstname.lastname@example.org / 01254 679131).
This information is correct as of 22 April 2020. This blog is for general guidance only. Recipients should not act upon any of the information provided without seeking specific professional advice tailored to your circumstances, requirements or needs. Please contact PM+M before making any decisions based on any matters relating to this blog.